Business News

  • Alibaba Disputes Founder's Quotes
    Alibaba is disputing the veracity of an interview in which its founder, Jack Ma, referred to the 1989 crackdown on Tiananmen Square protesters.
  • Hutchison to Sell ParknShop
    Asia’s richest man is seeking to sell his hometown supermarket chain for a price that could reach $4 billion as he steps up his global expansion, taking advantage of low priced assets in weak economies in Europe.
  • Peugeot Mulls Unloading Part of Bank
    Battling to stem bleeding cash, French auto maker PSA Peugeot-Citro├źn is in preliminary talks with Spain’s Banco Santander to unload part of one of its most valuable assets, its bank.
  • Apple, Samsung in Renewed Talks
    The two companies have held a series of private negotiations about their patent disputes since last summer.
  • Colombia's Grupo Aval to Buy BBVA Unit
    Grupo Aval, one of the largest financial conglomerates in Colombia, has agreed to buy BBVA’s Panamanian unit for $490 million, the latest example of European banks withdrawing from some Latin American markets.
  • CBS's Fight With Time Warner Cable
    CBS’s fight for increased carriage fees from Time Warner Cable reflects how those payments have become a key piece of the broadcaster’s growth strategy.
  • 787 Inspection Plans Laid Out
    Boeing and U.S. regulators joined forces to instruct airlines operating 787 Dreamliners to inspect, and in some cases possibly replace, emergency-locator transmitters linked to the fire inside a Ethiopian Airlines 787.
  • Bad Day for Big Tech Companies
    Shares of Microsoft, and to a lesser extent Google, were hammered as investors hit the panic button on earnings disappointments from tech giants.

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